Navigating Korea’s online maze

Navigating Korea’s online maze

When anyone mentions online gaming in Asia, one country used to come to mind as the primary target – China.  However, recent political and domestic changes in and around the Mainland have shown this jurisdiction drop by up to 60 percent in important metrics such as gross gambling revenue and net profits for leading operators and game providers, even affecting the one time untouchable Playtech, as is widely known by last year’s profit warning. And while that happened, other markets emerged as the “next best thing” across Asia. Japan almost needs no introduction although it still remains a very challenging market. India has been appearing on many radars as well, with the emergence of new casinos and cricket focused-sports betting sites. Other Southeast Asian jurisdictions, such as Thailand and Vietnam, have been of interest for many but have always been outshone by the bright lights of Chinatown. One country has stood out for decades...

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